The Adani Group has overtaken Mukesh Ambani Group to become the country's second biggest business group in terms of market cap behind Tatas. Adani Group cos now have a combined m-cap of Rs 19.44 trillion against Ambani Group cos combined m-cap of Rs 17.89 trillion. Tata Group leads the league table with the group market capitalisation of Rs 21.73 trillion on Monday. The Adani Group companies, however, continue to out-perform firms from business groups and the broader market on the bourses by a big margin.
Reliance Industries, headed by India's richest man Mukesh Ambani, has bought an ultra-luxury Rolls Royce hatchback costing Rs 13.14 crore.
The Board of Approval on Tuesday cleared 10 special economic zone proposals, including three Mukesh Ambani-promoted IT zones in Navi Mumbai.
Sounding confident that the economy will overcome the current crisis, Reliance Industries chairman Mukesh Ambani said there is a need to look beyond the gloom and doom.
Two social activists have approached the Bombay High Court challenging the 'Z' category CRPF security sanctioned by the Centre for Reliance Industries chairman Mukesh Ambani.
The world's most expensive home, Antilia is ready to welcome its occupants.
Kolkata Knight Riders, owned by the Shah Rukh Khan family and Mehta Group, emerged as the most valuable franchise.
London-based Dar Consultants has said its bid and the one by preferred bidder Anil Dhirubhani Ambani Group's RELINFRA-Hyundai consortium are both 'responsive' or worth considering. Dar Consultants' recommendation puts the responsibility of re-considering the preferred bidder between the warring brothers squarely back with the political executive. The state cabinet's committee on infrastructure will meet Wednesday to decide the fate of the project.
"We are all Indians first. Mumbai, Chennai and Delhi belong to all Indians. That is the reality," he said on Tuesday during a panel discussion at the London School of Economics organised to release Rajya Sabha MP N K Singh's book, Not by Reason Alone: The Politics of Change.
Real estate major DLF, Mukesh Ambani-promoted Reliance Industries, cinema production and distribution company Eros International, Reliance Anil Dhirubhai Ambani Group and Videocon Industries are believed to be readying to bid for team ownership rights in the Indian Premier League.
Three Indians - Mukesh Ambani, Azim Premji and Dilip Shanghvi - have made it to a global list of 50 wealthiest people that is topped by Bill Gates.
India's most valuable company Reliance Industries was once fined for producing more than its licensed capacity, its owner and richest Indian Mukesh Ambani said on Monday as he pitched for a push to manufacturing to make the country 'Aatmanirbhar' or self-reliant.
Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.
Mittal said his steel plants were getting gas at no less than $6 per million British thermal unit (mBtu), much lower than the $4.33 per mBtu price proposed by RIL.
Carlos Slim has emerged as wealthiest in the world for the fourth consecutive year.
Mukesh Ambani said broadband technology is providing access to opportunities irrespective of geographies.
Mukesh Ambani makes close to Rs 1,000 every second for his flagship company Reliance Industries and, in turn, gets a reward of one per cent of this additional profit. The paycheck of Ambani India got fatter by over Rs 5 crore to Rs 30.46 crore.
Indian business magnate Mukesh Ambani is the 18th richest person in the world with a personal wealth of $24.7 billion in 2012, according to the Bloomberg Billionaires Index, a daily ranking of the world's 100 wealthiest individuals.
Reliance Retail, which started in 2006, runs over 1,000 stores across 86 cities.
So what do you think the Z category security provided to Mukesh Ambani? Do you think he is a 'national asset' like the government says and should be protected at all costs, or should be look after his own security?
In a quiet and spiritual ceremony ahead of their wedding celebrations, Arjun Tendulkar visited Jamnagar with his fiance Saaniya Chandok to seek the blessings of Lord Ganesha.
Reliance Industries Ltd, whose offering of rock-bottom tariffs shook up the telecom industry, is looking to repeat the feat in the green energy business, where its billionaire chairman Mukesh Ambani sees promise to outshine all existing growth engines in 5-7 years. Having pledged Rs 6 lakh crore on green energy, Ambani says RIL will scale up investments in this business which will start going live in the next 12 months. "Over the next 12 months our investments across the Green Energy value chain will gradually start going live, scaling up over the next couple of years," Ambani, chairman and managing director of RIL, said in the company's latest annual report.
India and China would be manufacturing bases for end products, while the sector is expected to record $2.5 billion this year, according to Reliance Industries chairman and managing director, Mukesh Ambani.
After Moily took over as oil minister, the central government agreed to link prices with global indices.
In a video shared by Deora, former Union minister, on his Twitter page, Ambani says "Milind is the man for South Mumbai", while Kotak eulogises the Mumbai Congress chief for "truly representing the Mumbai connection".
Reliance Industries is facing penalty for falling gas output from its KG-D6 fields.
Hamish McDonald, whose book on the saga of Reliance was banned in 1998 in India after the corporate house moved court, has come out with the poser in his book -- Mahabharata in Polyester: The Making of World's Richest Brothers and Their Feud -- to be released on September 1 in Australia.
Millions of soccer fans in the world's two most populous nations may not be able to watch the World Cup that starts next month, due to a deadlock over broadcast rights in India and no official decision in China.
He says he has tremendous expectations from RIL's broadband digital services business.
Oil-to-telecom conglomerate Reliance Industries (RIL) has emerged as the country's largest wealth creator, adding a staggering Rs 9.6 trillion over the past five years, according to Motilal Oswal's 26th Annual Wealth Creation Study. In doing so, the Mukesh Ambani-led company has beaten its own record of Rs 5.6 trillion generated in 2014-19. The study covered financial year 2015-16 (FY16) to FY21 and ranks the top 100 companies in descending order of absolute wealth created, subject to the company's stock price outperforming the BSE Sensex. The firms were also ranked according to speed (price CAGR during the period).
Mukesh Ambani's Reliance Industries Ltd may be one of the biggest producers of natural gas in the country, but its power foray is likely to be coal or renewable energy based. The company is planning to not only bid for ultra mega power projects but also go in for acquisition of the power plants, said industry sources.
It was difficult to set up a unified zone on the SEZ land.
This was announced by Commerce and Industry Minister Kamal Nath at the conclusion of the 2nd meeting of India-Russia Forum on Trade and Investment, coinciding with the visit of Russian Prime Minister Victor A Zubkov in New Delhi on Wednesday.
Reliance Industries chairman Mukesh Ambani will deliver a special address at the first-ever, high-level investment conference on Maharashtra to beheld in New York this month.
Perceived closeness to politicians could become a liability for some business groups once a new government assumes office at the Centre later this month.
Revenue at Reliance Retail rose 34 per cent to Rs 14,496 crore (Rs 144.96 billion) in 2013-14 from a year earlier.
A look at the party pictures.
In a curious move, Reliance Industries' (RIL) executive director and Mukesh Ambani's trusted aide PMS Prasad pledged 600,000 shares of the company last month, which is 93.75 per cent of the total shares he owns in RIL. Prasad owned a total of 640,000 RIL shares and his compensation stood at Rs 11.15 crore in FY20.
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